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K Village shopping centre owner goes into administration

THE company which owns Kendal's K Village shopping centre has gone into administration

Kendal Riverside Limited was placed into administration on December 28.

KPMG has been announced as the firm's administrator.

A spokesman for Kendal Riverside said: "The affairs, business and property of the company are being managed by the joint administrators.

"The centre will continue to operate as normal and it is firmly business as usual."

Tim Farron, MP for Westmorland and Lonsdale, says everything must be done to find a buyer for the centre and save jobs. He said: "Jobs and investment are a priority for me and I am working tirelessly to do everything I can to improve the local economy so this is sad news.

"What is important to say is that the shops inside K Village and their staff are not affected at the moment.

"We need to try and find a buyer for the centre soon and make sure we attract more businesses that people want to visit.

“Many people tell me we need a major retailer like Primark or Nandos in there.

"I’d like to see if we could make that happen. If we could attract a business like that it would make a massive difference to the centre.”